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jojofang0901

NZDCAD look for bearish price action to repeat

Corto
NZD/CAD (OANDA:NZDCAD)  
jojofang0901 Actualizado   
OANDA:NZDCAD   NZD/CAD
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction reverwsal
16
7
chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction reverwsal

Hi traders:

Looking at NZDCAD for the same bearish sell move like the previous price action.

We can see the same ascending channel structure, correcting the price up.

Latest price shows that LTF reversal structure, and a bearish impulse down.

Now the price is sitting at the bottom the channel, I would wait for a breakout follow by a continuation correction to look for sell.

Thank you
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